Tag Archives: taxes

Popular mayor says State is “on the brink”

Danbury mayor and possible gubernatorial candidate Mark Boughton, in his personal blog (which posts also to his widely-distributed Facebook page) says we’re on the brink. Here is a news flash…the State of Connecticut is broke. Busted. Cleaned out. Here is … Continue reading

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What’s Connecticut’s problem?

Heath Fahle at Connecticut Local Politics summarizes our State’s problem as only a taciturn New Englander can do: we have no money.

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Passing it down to the towns

Governor Rell is proposing steps to reduce the budget gap: In an attempt to halt the 2010 budget’s slide into deficit, Gov. M. Jodi Rell released a $337 million package of proposed budget cuts Tuesday afternoon, slashing funding to programs … Continue reading

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Budget woes trickling down to municipalities

According to this non-partisan State report, you are in trouble. Will a tax revolt this be the ultimate trickle-down economic effect? Revenue is drying up not only at the Federal level but is now doing so, as was inevitable, at … Continue reading

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Connecticut income tax revenue dropping

The income tax raised nearly $1.3 billion less than budgeted in the last fiscal year, which ended in a record $925.6 million deficit. The state government is covering that shortfall with borrowed money. The current year is showing no signs … Continue reading

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Governor Rell will let budget take effect with few changes

Governor Rell will allow the budget which has been passed by the Legislature to take effect. From Mrs. Rell’s press release: “Democrats have repeatedly called this budget a ‘compromise,’” Governor Rell said. “It is hardly a compromise. Last week I … Continue reading

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State budget battle heating up

Power Line reports on the budget controversy in Minnesota, where the fur is flying. Republicans are out of power in Washington and many other places around the country. They’re out of power here in Minnesota, too, except for Governor Tim … Continue reading

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What will the State budget look like?

I have very little idea – and neither do you. What is certain is that there will be a lot more bloodletting before it’s over. Here’s an interesting map of the Governor’s proposed cuts (caveat: prepared by Senate Democrats). Hat … Continue reading

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The bottom line swells, and swells, and…

Annoyingly clear thinking from Don Pesci: The rich ain’t gonna get us out of this ditch. Here’s why: The real problem in Connecticut has been caused by accumulative excessive spending, a problem only a brave few in the legislature want … Continue reading

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Pain on the way as State, towns grapple with budget cuts

When the chickens come home to roost as they eventually do it’s a safe bet that you don’t want to be sitting under the roost.  So, I’m cringing as I think about how our debt habit is finally starting to … Continue reading

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